Saudi Stock Market Falls as Drone Attacks Shut Key Oil Pipeline
๐ RIYADH โ Saudi equities drop while Riyadh won't publicly confirm who struck what. ๐ LOOK CLOSER: Markets are pricing what Riyadh won't say: the East-West pipeline closure is not temporary. With Bab el-Mandeb encircled and Hormuz at seven transits, Saudi Arabia has no functioning export corridor โ equities reflect that structural reality. Foreign investors are exiting before Riyadh is forced to admit the scope of the damage.